diff --git a/MANIFEST.in b/MANIFEST.in
index 9561fb1..6464c08 100644
--- a/MANIFEST.in
+++ b/MANIFEST.in
@@ -1 +1,2 @@
 include README.rst
+include pytimeparse/VERSION
diff --git a/pytimeparse/VERSION b/pytimeparse/VERSION
new file mode 100644
index 0000000..45a1b3f
--- /dev/null
+++ b/pytimeparse/VERSION
@@ -0,0 +1 @@
+1.1.2
diff --git a/pytimeparse/__init__.py b/pytimeparse/__init__.py
index 29f262b..43efa8d 100644
--- a/pytimeparse/__init__.py
+++ b/pytimeparse/__init__.py
@@ -7,3 +7,22 @@ __init__.py
 
 `timeparse` module.
 '''
+
+from __future__ import absolute_import
+from codecs import open
+from os import path
+
+# Version. For each new release, the version number should be updated
+# in the file VERSION.
+try:
+    # If a VERSION file exists, use it!
+    with open(path.join(path.dirname(__file__), 'VERSION'),
+              encoding='utf-8') as infile:
+        __version__ = infile.read().strip()
+except NameError:
+    __version__ = 'unknown (running code interactively?)'
+except IOError as ex:
+    __version__ = "unknown (%s)" % ex
+
+# import top-level functionality
+from .timeparse import timeparse
diff --git a/setup.py b/setup.py
index c4e1a50..5bbabae 100644
--- a/setup.py
+++ b/setup.py
@@ -8,29 +8,112 @@ setup.py
 distutils setup script for pytimeparse.
 '''
 
-try:
-    from setuptools import setup
-except ImportError:
-    from distutils.core import setup
+from setuptools import setup, find_packages  # Always prefer setuptools over distutils
+from codecs import open  # To use a consistent encoding
+from os import path
 import sys
 
-with open('README.rst') as file:
-    LONG_DESCRIPTION = file.read()
+HERE = path.abspath(path.dirname(__file__))
+
+with open(path.join(HERE, 'pytimeparse', 'VERSION'), encoding='utf-8') as f:
+    VERSION = f.read().strip()
+
+# Get the long description from the relevant file
+with open(path.join(HERE, 'README.rst'), encoding='utf-8') as f:
+    LONG_DESCRIPTION = f.read()
 
 # http://stackoverflow.com/a/19719657/1062499
-if sys.version_info[0] == 2:
-    INSTALL_REQUIRES = ['future']
-elif sys.version_info[0] == 3:
-    INSTALL_REQUIRES = []
+INSTALL_REQUIRES = []
+if sys.version_info.major < 3:
+    INSTALL_REQUIRES.append('future')
 
-setup(name             = 'pytimeparse',
-      version          = '1.1.2',
-      description      = 'Time expression parser',
-      author           = 'Will Roberts',
-      author_email     = 'wildwilhelm@gmail.com',
-      url              = 'https://github.com/wroberts/pytimeparse',
-      packages         = ['pytimeparse'],
-      license          = 'MIT',
-      install_requires = INSTALL_REQUIRES,
-      long_description = LONG_DESCRIPTION,
+setup(
+    name='pytimeparse',
+
+    # Versions should comply with PEP440.  For a discussion on single-sourcing
+    # the version across setup.py and the project code, see
+    # https://packaging.python.org/en/latest/single_source_version.html
+    version=VERSION,
+
+    description='Time expression parser',
+    long_description=LONG_DESCRIPTION,
+
+    # The project's main homepage.
+    url='https://github.com/wroberts/pytimeparse',
+
+    # Author details
+    author='Will Roberts',
+    author_email='wildwilhelm@gmail.com',
+
+    # Choose your license
+    license='MIT',
+
+    # See https://pypi.python.org/pypi?%3Aaction=list_classifiers
+    classifiers=[
+        # How mature is this project? Common values are
+        #   3 - Alpha
+        #   4 - Beta
+        #   5 - Production/Stable
+        'Development Status :: 4 - Beta',
+
+        # Indicate who your project is intended for
+        'Intended Audience :: Developers',
+        'Topic :: Text Processing',
+        'Natural Language :: English',
+
+        # Pick your license as you wish (should match "license" above)
+        'License :: OSI Approved :: MIT License',
+
+        # Specify the Python versions you support here. In particular, ensure
+        # that you indicate whether you support Python 2, Python 3 or both.
+        'Programming Language :: Python :: 2',
+        'Programming Language :: Python :: 2.7',
+        'Programming Language :: Python :: 3',
+        'Programming Language :: Python :: 3.2',
+        'Programming Language :: Python :: 3.3',
+        'Programming Language :: Python :: 3.4',
+    ],
+
+    # What does your project relate to?
+    keywords='time parsing parser',
+
+    # You can just specify the packages manually here if your project is
+    # simple. Or you can use find_packages().
+    packages=find_packages(exclude=[]),
+
+    # List run-time dependencies here.  These will be installed by pip when your
+    # project is installed. For an analysis of "install_requires" vs pip's
+    # requirements files see:
+    # https://packaging.python.org/en/latest/requirements.html
+    install_requires=INSTALL_REQUIRES,
+
+    # List additional groups of dependencies here (e.g. development dependencies).
+    # You can install these using the following syntax, for example:
+    # $ pip install -e .[dev,test]
+    #extras_require = {
+    #    'dev': ['check-manifest'],
+    #    'test': ['coverage'],
+    #},
+
+    # If there are data files included in your packages that need to be
+    # installed, specify them here.  If using Python 2.6 or less, then these
+    # have to be included in MANIFEST.in as well.
+    package_data={
+        'pytimeparse': ['VERSION'],
+    },
+
+    # Although 'package_data' is the preferred approach, in some case you may
+    # need to place data files outside of your packages.
+    # see http://docs.python.org/3.4/distutils/setupscript.html#installing-additional-files
+    # In this case, 'data_file' will be installed into '<sys.prefix>/my_data'
+    #data_files=[('my_data', ['data/data_file'])],
+
+    # To provide executable scripts, use entry points in preference to the
+    # "scripts" keyword. Entry points provide cross-platform support and allow
+    # pip to create the appropriate form of executable for the target platform.
+    #entry_points={
+    #    'console_scripts': [
+    #        'sample=sample:main',
+    #    ],
+    #},
 )